I dont have a problem with the raise. Given these types of stocks are either going to go up by 10-20x or go broke, the dilution from this size of raise is largely immaterial. The bigger issue is that they dont want farmout partners holding them over a barrel while they run out of cash. I actually think this has much more upside than downside in the near term now that they have some cash to keep the lights on and various big catalysts coming up.
- Forums
- ASX - By Stock
- Trading Halt
I dont have a problem with the raise. Given these types of...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.40M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 2.0¢ | $37.57K | 1.856M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 11509043 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 1523856 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 11229043 | 0.020 |
9 | 1025920 | 0.019 |
3 | 358730 | 0.018 |
3 | 80355 | 0.017 |
3 | 1725000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1523856 | 5 |
0.022 | 2516137 | 8 |
0.023 | 3200000 | 5 |
0.024 | 2472742 | 6 |
0.025 | 1266441 | 5 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |